Pepsico Misses

Pepsico (PEP) reported 4th Quarter December 2017 earnings of $1.31 per share on revenue of $19.5 billion. The consensus earnings estimate was $1.30 per share on revenue of $19.4 billion. The Earnings Whisper number was $1.33 per share. Revenue grew 0.1% on a year-over-year basis.

The company said it expects 2018 earnings of approximately $5.70 per share. The current consensus earnings estimate is $5.69 per share for the year ending December 31, 2018.

PepsiCo Inc is a food, snack and beverage company. It manufactures, markets,
distributes and sells convenient and enjoyable beverages, foods and snacks,
serving customers and consumers in more than 200 countries and territories.

PepsiCo Reports Fourth Quarter and Full-Year 2017 Results

PepsiCo, Inc. (PEP) today announced that its fourth quarter and full-year 2017 (ended December 30) financial results are available on its website at www.pepsico.com/investors. The results have also been furnished to the Securities and Exchange Commission (SEC) on a Form 8-K, which can be found on the SECs website at https://www.sec.gov.

https://mma.prnewswire.com/media/386803/pepsico_logo.jpg

As previously announced, PepsiCo will webcast its earnings conference call for investors and financial analysts at 7:45 a.m. EDT today. The webcast will be available at www.pepsico.com in the "Investors" section under "Events and Presentations."

About PepsiCo PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $63 billion in net revenue in 2017, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCos product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales.

At the heart of PepsiCo is Performance with Purpose - our fundamental belief that the success of our company is inextricably linked to the sustainability of the world around us. We believe that continuously improving the products we sell, operating responsibly to protect our planet and empowering people around the world enable PepsiCo to run a successful global company that creates long-term value for society and our shareholders. For more information, visit www.pepsico.com.